Gross savings in Bahamas
Bahamas: Gross savings was 3.04 billion current LCU in 2024. ◆ Volatile
Gross savings in Bahamas, 1977–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
In 2024, gross savings in Bahamas stood at 3.04 billion current LCU. That is the highest value across all 47 years on record.
Compared with earlier readings it is up 5.2% on the previous year and up 29.7% over ten years.
Over the whole period, gross savings in Bahamas peaked at 3.04 billion current LCU in 2024 and was at its lowest, 80.20 million current LCU, in 1978.
That places Bahamas 154th out of 177 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 100.90 million current LCU | 80.20 million current LCU | 112.90 million current LCU | 3 |
| 1980s | 361.90 million current LCU | 188.10 million current LCU | 606.51 million current LCU | 9 |
| 1990s | 1.15 billion current LCU | 451.69 million current LCU | 2.60 billion current LCU | 10 |
| 2000s | 2.75 billion current LCU | 2.39 billion current LCU | 2.96 billion current LCU | 10 |
| 2010s | 2.34 billion current LCU | 2.00 billion current LCU | 2.89 billion current LCU | 10 |
| 2020s | 2.14 billion current LCU | 907.22 million current LCU | 3.04 billion current LCU | 5 |
Countries ranked near Bahamas
- 151 Faroe Islands 3.87 billion current LCU compare
- 152 Papua New Guinea 3.85 billion current LCU compare
- 153 Bermuda 3.74 billion current LCU compare
- 156 Fiji 1.77 billion current LCU compare
- 157 Sao Tome and Principe 1.70 billion current LCU compare
More economy & growth data for Bahamas
- External balance on goods and services as a percent of GDP -3.7% (2024)
- Inflation of consumer prices 0.4% (2024)
- GDP per capita 33,968 constant 2015 US$ (2024)
- Share of manufacturing in gross domestic product (GDP) 0.6% (2024)
- Gross domestic product (GDP) 13.63 billion constant 2015 US$ (2024)
- GDP per capita in international and market dollars 33,968 constant 2015 US$ (2024)
- DEC alternative conversion factor 1 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -29.90 million current LCU (2024)
- Net secondary income (Net current transfers from abroad) -29.90 million current US$ (2024)
- Taxes less subsidies on products 1.95 billion current LCU (2024)
Frequently asked questions
- What is gross savings in Bahamas?
- Gross savings in Bahamas was 3.04 billion current LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Bahamas?
- The highest recorded value was 3.04 billion current LCU in 2024.
- What is the lowest gross savings recorded in Bahamas?
- The lowest recorded value was 80.20 million current LCU in 1978.
- How does Bahamas rank for gross savings?
- Bahamas ranks 154th out of 177 countries with data for 2024.
- Is gross savings rising or falling in Bahamas?
- Over the last ten years it is up 29.7%. The long-run trend across the full record is volatile.
- Where does this Bahamas data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross savings (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.